Months later, on Easter morning he showed up on our doorstep wearing a suit and tie and gave us a touching Easter card.

I won't accept the rent without it, and if they refuse, then I follow suite with a failure to pay eviction. 

They simply see exactly what you described - inexperienced land owners with good fortune.If  you keep looking you may find a relationship that suits both of you. 

When I discuss this with clients I try to make sure its suitable because not everyone is suited to do it.

This will help us make suggestions that suit your needs.For example, are you looking for agents to source deals to you, or to help you assess deals, or to manage properties you've already acquired?

Yes, and yes, as long it is the first mtg foreclosing and they named/served the second in the suit, which they do 99% of the time.

Then there is still a chance of getting dragged into a suit.

In other words, HELOCs are usually variable rate loans which are better suited for short-term investments.

I am looking at single family and multi families up to 6 suites. 

We're learning a lot from each other and from BP, and we're pretty lucky to have each other and to have found BP.We'd like to house hack, so we'd like to get something like an in-law suite, or a 2, 3, or 4 unit multi-family residential property.